Originally Posted by toxik Having a sports car when you're young reaps a lot more benefits than being able to pay for it in cash later in life.... jus sayin,
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View Poll Results: How old were you when you bought your 370? | |||
20~30 | 254 | 62.56% | |
30~40 | 69 | 17.00% | |
40~50 | 40 | 9.85% | |
50~60 | 34 | 8.37% | |
More then 60 | 9 | 2.22% | |
Voters: 406. You may not vote on this poll |
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09-21-2011, 01:16 PM | #6 (permalink) |
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I'm 24. insurance on mine is like 591 for six months with a few speeding tickets, but state farm also covers my house insurance so I get a discount on the car. I bought my first house at the age of 22. Just because I'm young doesnt mean Im not good with finances. My credit is amazing and I bust my *** working. It's all about finding ways for your money to make you more money. I do have to say it looks like most of the young crowed gets help from home.
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09-21-2011, 02:40 PM | #9 (permalink) | |
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Quote:
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09-21-2011, 02:57 PM | #10 (permalink) |
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No help from anyone here. Quite sad that most of us get clumped into that category. In a sense understandable but rather sad. Bust my tail to pay future grad school and work a job that can cover it all. I'm 22 turning 23 soon and moving past the Z, well, at least moving my invested money on to better things hopefully soon.
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09-21-2011, 06:07 PM | #11 (permalink) |
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The Financial of the situation of the country right now pretty much has nothing to do with people buying sports cars. People taking on loans, and paying them off is good for the economy.
When I was 21 years old, I bought a 30k maxima new, and paid off the loan over the course of around 5 years. My priority was to purchase a new car, and I lived at home with my parents at the time... I was enabled to do so. It's nice if your young and can afford what you want, as you get older things change, for instance when you are ready to get married a sports car becomes far less important then purchasing a new home becomes more important. Won't be so easy to splurge on limited income. Most of the younger guys that have a brand new 35k+ vehicle probably have well off parents, or a similar situation that I had (a decent job, and limited financial responsibility) or maybe they play ball or sell drugs? LOL. Anything is possible. Not many 20 year old guys are pulling 6 figures and have the means, unless they graduated med school @14 like Doogie Houser or something. |
09-21-2011, 11:51 PM | #12 (permalink) |
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I'm one of the "how was I able to afford all this?" group, bought my Titan when I was 23 and in grad school. How I managed to make all my payments continues to boggle me but once I finshed (3 years later!), I landed a good engineering job at the lazy B and, combined with sharing rent with my GF at the time, managed to pay the T off when I was 27. Turns out I couldn't get used to not having a car payment so 2 years later, bought the Z instead of putting a 35K-ish dent in all the student loans. Insurance ain't too bad, 950 for 6 months for full coverage on both, spotless record. Turning 31 soon, can't wait to buy my own booze...oh wait....holy crap, has it been 10 years already???!?!
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09-22-2011, 12:13 AM | #13 (permalink) | |
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09-29-2011, 08:03 AM | #14 (permalink) |
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I got mine when I was 20 and I thought my insurance rates would be exorbitant. Luckily The Hartford gave me a good student discount, airbag and anti-theft device installation discounts as well as defensive driver’s credits, all of which considerably cut my costs. I think the key is to find car insurance companies that will work with you to find a way around the high rates young drivers pay.
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09-30-2011, 11:57 PM | #15 (permalink) |
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I've been working and paying for my car payment insurance and cell phone since i was 17 moved out at 18 and at 21 financed my Z. Im active duty army and i balance my money very well. Its awesome how many younger people my age I see on here that have great jobs and support themselves and have the means to afford awesome stuff like a 370z!!!
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